How much are property taxes in Suez Township, IL?

Homeowners in Suez Township, IL pay a median of $2,564 (±$536) a year in real estate taxes (2020–2024 American Community Survey, table B25103).

Homes with a mortgage pay a median of $2,673.

Homes without a mortgage pay a median of $2,466.

That is about 2.1% of the median home value of $119,400.

In Suez Township, the median real estate tax went from $1,373 in 2015–2019 to $2,564 in 2020–2024 (+86.7%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

Figures last updated on .

Median real estate taxes
$2,564 (±$536)
With a mortgage
$2,673
Without a mortgage
$2,466
Share of median value
2.1%

Real estate taxes in Suez Township against Mercer County, its state and the nation

Median real estate taxes paid a year, estimate (90% margin of error)
Suez TownshipMercer CountyIllinoisUnited States
Median real estate taxes$2,564 (±$536)$2,878 (±$147)$5,298 (±$22)$3,119
Homes with a mortgage$2,673 (±$758)$3,144 (±$236)$5,833 (±$28)$3,489
Homes without a mortgage$2,466 (±$871)$2,476 (±$186)$4,463 (±$30)$2,576
Median home value$119,400 (±$11,307)$146,700 (±$7,887)$263,300 (±$797)$332,700

In Suez Township, the median real estate tax is not measurably different from Mercer County ($2,878).

It is also lower than in Illinois ($5,298).

It is lower than the national figure ($3,119).

In Mercer County, Suez Township ranks 12 of 25 places with a published estimate, from highest to lowest median real estate taxes.

Statewide, it ranks 1331 of 2,625.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

Taxes as a share of home value in Suez Township

The median tax ($2,564) is 2.1% of the median home value ($119,400).

Across Mercer County the same ratio is 2.0%.

Across Illinois it is 2.0%.

This is a ratio of two medians, a rough effective rate: not the tax rate or mill rate the town, county or school district sets, and not any one home’s bill.

Owners report what they paid and what they think their home is worth; the assessor’s office publishes the actual rates and assessments.

How property taxes in Suez Township have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median real estate taxes$1,373 (±$191)$2,564 (±$536)+86.7%Up after inflation
Median home value$76,500 (±$6,746)$119,400 (±$11,307)+56.1%Up after inflation
Median owner cost with a mortgage$903 (±$147)$1,688 (±$479)+86.9%Up after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median real estate taxes in places near Suez Township

Nearest places with a published estimate, compared with Suez Township
PlaceDistanceMedian real estate taxesCompared with this place
Suez Township—$2,564 (±$536)—
Alexis4.3 mi$1,579 (±$331)Lower
North Henderson Township6.0 mi$2,164 (±$371)Not measurably different
Ohio Grove Township6.1 mi$5,108 (±$4,610)Not measurably different
Greene Township (Mercer County)6.1 mi$3,121 (±$353)Not measurably different
Spring Grove Township6.6 mi$1,242 (±$207)Lower
Viola6.7 mi$3,043 (±$295)Not measurably different
North Henderson7.1 mi$1,708 (±$803)Not measurably different
Rivoli Township8.2 mi$2,482 (±$175)Not measurably different

Nearby places with a measurably lower figure: Alexis, IL ($1,579), Spring Grove Township, IL ($1,242).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median real estate taxes across Mercer County, place by place

RankPlaceMedian real estate taxes
6Aledo$3,174 (±$278)
7Mercer Township$3,145 (±$275)
8Greene Township (Mercer County)$3,121 (±$353)
9Duncan Township$3,114 (±$798)
10Viola$3,043 (±$295)
11Matherville$2,701 (±$358)
12Suez Township$2,564 (±$536)
13Rivoli Township$2,482 (±$175)
14Perryton Township$2,409 (±$580)
15Millersburg Township$2,365 (±$455)
16Windsor (Mercer County)$2,342 (±$199)
17North Henderson Township$2,164 (±$371)
18New Boston Township$1,992 (±$573)

Showing 13 of 25 places in Mercer County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Suez Township

How much are property taxes in Suez Township?

The median real estate tax paid by homeowners in Suez Township, IL is $2,564 (±$536) a year (2020–2024 American Community Survey).

What is the property tax rate in Suez Township?

The Census Bureau does not publish tax rates; as a rough guide, the median tax paid is 2.1% of the median home value in Suez Township, and the actual rate is set by the town, county and school district.

Have property taxes in Suez Township gone up?

In Suez Township, the median real estate tax went from $1,373 in 2015–2019 to $2,564 in 2020–2024 (+86.7%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

Are property taxes in Suez Township higher than in Mercer County?

In Suez Township, the median real estate tax is not measurably different from Mercer County ($2,878).

It is also lower than in Illinois ($5,298).

It is lower than the national figure ($3,119).

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Suez township, Mercer County, Illinois (county subdivision:73339, in state:17 county:131).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25103_001E, B25103_001M, B25077_001E, B25077_001M, B25088_002E, B25088_002M from the 2019 release.

The API needs a free key.

Request a Census API key.

B25103_001E, B25103_001M, B25103_002E, B25103_002M, B25103_003E, B25103_003M, DP04_0089E, DP04_0089M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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